Schools fail to file work for tax-exempt status

12:09 AM,
Jan. 25, 2013

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Two local charter schools, including the city's oldest, have lost tax-exempt status after failing to file required forms with the IRS for a three-year period.

The institutions - LEAP Academy University Charter School and the three-school Camden Pride system - are required to maintain nonprofit status under state law, a spokeswoman for the state Department of Education noted Thursday.

"We will be examining these issues with each of the schools to determine the next steps we will take," said DOE spokeswoman Barbara Morgan. ...